Welcome to your Northeast Florida coastal escape, where relaxation meets opportunity! This fully-furnished 2-bedroom, 2-bathroom condo, spanning 968 square feet and a corner unit, is a prime investment for those seeking a profitable short-term rental or a serene second home for seasonal living. RARE AMENITY ALERT: This particular condo offers boat storage on-site so you can bring all the water toys with you!
Prime Location for Beach Lovers and Boating Enthusiasts! Nestled just steps from Crescent Beach, this condo places you at the heart of Florida's coastal beauty. Enjoy easy access to the sun-soaked sands and and crystal-clear waters of the Atlantic Ocean, perfect for swimming, fishing, or simply taking in the ocean breeze. The nearby Intracoastal Waterway offers endless boating adventures, from tranquil sunset kayaking adventures to exploring the abundant marine life. An Investment with Versatile Potential! This condo is not just a home; it's an investment in a lifestyle. Whether you're considering it as a short-term rental property or a seasonal retreat, this coastal gem offers versatility. Snowbirds will appreciate the low maintenance and peaceful surroundings during the winter months, while investors can benefit from the condo's prime location and strong rental potential for the majority of the year and not just during peak tourist seasons!
Comfortable and Spacious Living! Step inside to discover an open-concept living space that seamlessly blends comfort with functionality. The living room flows effortlessly into the kitchen, creating a welcoming atmosphere for gatherings. The screened-in porch invites natural light and is perfect for sipping your morning coffee or enjoying a quiet evening while soaking in the famous vibrantly pink sunsets with views of the Intracoastal Waterway. The 2-bedroom/2-bathroom layout is ideal, offering a primary en-suite with an additional guest bedroom/bathroom.
Easy Access to Local Amenities! Convenience is at your doorstep with local shops, restaurants, and entertainment just a short drive or bike cruise away. A public boat ramp is located directly behind the complex so no lengthy trailering hauls to get your boat into the water! BONUS -- with major highways nearby, exploring the broader Florida coastal region is a breeze.
Don't Drag Your Feet! You could already be lounging on the beach, boating through the Intracoastal, and enjoying spectacular sunsets from your back patio. This condo will provide for you the ultimate coastal lifestyle, with all the amenities you need for a comfortable stay or a successful rental.
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$295,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $236,000 | $236,000 | $236,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $61 | $61 | $61 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,610 | $1,569 | $1,990 |
Total Monthly Payment | $1,746 | $1,705 | $2,126 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.